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Cisco shares surge on earnings beat and job cuts

Cisco Systems (NASDAQ:CSCO) reported better-than-expected fourth-quarter earnings and announced a restructuring plan, sending its shares up about 5% in after-hours trading.The networking equipment gia
Investing.com
Aug 14, 2024

This country's stock market is 'most vulnerable to an AI trade reversal': SocGen

According to analysts at Societe Generale (OTC:SCGLY), Taiwan's stock market is currently the most vulnerable to an AI trade reversal.The bank says Taiwan's equities have become increasingly susceptib
Investing.com
Aug 14, 2024

10 S&P 500 stocks to avoid amid risks of a dividend cut: Piper Sandler

The appeal of dividend stocks has been on the rise recently. With treasury yields declining and the Federal Reserve likely nearing its first rate cut, high dividend yielders are catching investors' at
Investing.com
Aug 14, 2024

Jefferies raises L'Oréal to 'Hold' but remains cautious in the medium term

Investing.com - Jefferies International analysts upgraded their rating on CAC 40 member L'Oréal (EPA:OREP) to "Hold" from "Underperform" in a note released on Wednesday.The analysts highlighted that t
Investing.com
Aug 14, 2024

Vestas stock rises on strong Q2 results

Investing.com -- Shares of Vestas Wind Systems A/S (CSE:VWS) rose following the release of its second-quarter results, which largely met expectations.“Good delivery on pricing and order intake, th
Investing.com
Aug 14, 2024

Intel, Kellanova, Peloton rise premarket; Starbucks slips

Investing.com -- U.S. stock futures traded largely unchanged Wednesday, as investors cautiously await the release of the latest crucial consumer prices data.Here are some of the biggest premarket U.S.
Investing.com
Aug 14, 2024

Balfour Beatty shares slip on mixed H1

Investing.com -- Shares of Balfour Beatty (LON:BALF) were down on Wednesday following its half year results, which largely met expectations but showed mixed performance across its divisions.At 7:1
Investing.com
Aug 14, 2024

Carlsberg shares down on disappointing Q2 results

Investing.com -- Shares of Carlsberg A/S (CSE:CARLb) were down after the company pre-announced its Q2 results, posting a mixed bag of performance metrics.At 6:46 am (1046 GMT), Carlsberg was trading 3
Investing.com
Aug 14, 2024

Hedge funds buying these two Magnificent 7 stocks while cutting Netflix and Meta

Hedge funds have made notable adjustments to their portfolios, particularly within the "Magnificent 7" stocks, according to recent data from Jefferies.While the overall weight of the top 16 stocks, du
Investing.com
Aug 14, 2024

RWE stock down on earnings dip

Investing.com -- Shares of RWE AG (ETR:RWEG) were down  on Wednesday after it reported a drop in earnings for the first half of 2024.The company's adjusted earnings before interest, taxes, depreciat
Investing.com
Aug 14, 2024

Flutter shares up on strong Q2 and upbeat outlook

Investing.com -- Shares of Flutter Plc (LON:FLTRF) (NYSE:FLUT) jumped on Wednesday after the company reported a strong second-quarter performance, exceeding market expectations.At 5:25 am (0925 GMT),
Investing.com
Aug 14, 2024

Fade SMID and megacaps, look to equal-weighted S&P 500: BofA

Investors should fade small and mid-cap (SMID) stocks and mega-cap stocks, and instead focus on the equal-weighted S&P 500 (SPW), according to Bank of America (NYSE:BAC) strategists.In a note publishe
Investing.com
Aug 14, 2024

Glanbia stock up on new share buy back plan

Investing.com -- Glanbia plc (LON:GL9), the Better Nutrition company, said on Wednesday that it will commence a share buy-back programme of up to €50 million, which sent the company's shares highe
Investing.com
Aug 14, 2024

TUI shares rise on strong Q3 earnings beat

Investing.com -- TUI (LON:TUIT) Group's (ETR:TUI1n) shares jumped on Wednesday following the release of its third-quarter earnings report, which exceeded expectations. At 4:08 am (0808 GMT), TUI Group
Investing.com
Aug 14, 2024

Morgan Stanley's global market sentiment indicator signals risk on

 Morgan Stanley (NYSE:MS) said its global market stress and sentiment indicator has turned positive, signaling a shift to a “risk on” appetite after holding a neutral reading since January. According
Investing.com
Aug 14, 2024

Aviva reports strong earnings beat

Investing.com -- Aviva PLC (LON:AV) posted strong earnings, surpassing consensus expectations across all headline metrics. For the reporting period, the company reported an operating profit of £87
Investing.com
Aug 14, 2024

Thyssenkrupp shares plunge on dismal Q3 results

Investing.com -- Shares of Thyssenkrupp AG (ETR:TKAG) fell on Wednesday after the steelmaker reported disappointing third-quarter results. At 3:24 am (0724 GMT), Thyssenkrupp was trading 2.4% lower at
Investing.com
Aug 14, 2024

FTSE 100 up today; inflation data released

Investing.com – U.K. equities started with gains on Wednesday, with rises in nearly all sectors, the most notable ones being the Automobiles & Parts, Real Estate Investment Trusts REITs, Tra
Investing.com
Aug 14, 2024

UBS beats on costs, misses on wealth

Investing.com -- UBS Group AG's (SIX:UBSG) second quarter of 2024 showcased a mixed performance. While the Investment Banking division delivered record results, fueled by strong equity and fixed incom
Investing.com
Aug 14, 2024

Candy giant Mars to pay $83.50 per share for Kellanova- WSJ

Investing.com-- Mars, best known for its eponymous chocolate and brands such as Snickers, is looking to pay $83.50 for each share in packaged foods maker Kellanova (NYSE:K), the Wall Street Journal re
Investing.com
Aug 14, 2024
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